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Home News Asia

Arjun Chowdhry Appointed as Managing Director & CEO at Grihum Housing Finance

Smita SinghbySmita Singh
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Arjun Chowdhry Appointed as Managing Director & CEO at Grihum Housing Finance

Arjun Chowdhry Appointed as Managing Director & CEO at Grihum Housing Finance

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Mumbai, Maharashtra, India, August 2025 – Arjun Chowdhry has been appointed as the Managing Director & Chief Executive Officer of Grihum Housing Finance, marking a significant leadership move in India’s housing finance sector. With more than three decades of experience in consumer banking and financial services, Chowdhry is expected to drive Grihum’s mission of making homeownership a reality for underserved communities while expanding its presence nationwide.

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Before this appointment, Arjun Chowdhry served as Group Executive – Affluent Banking, NRI, Cards & Payments at Axis Bank, where he played a pivotal role in driving strategy across retail and digital banking businesses. His leadership focused on scaling the affluent customer segment, strengthening NRI banking, and expanding payments and card businesses.

Chowdhry’s career is most distinguished by his nearly 30-year tenure at Citi India, where he held several senior leadership roles. As Country Head – Consumer Bank, he oversaw Citi’s retail operations in India, steering growth in consumer banking products and services. Earlier, as Managing Director & Business Head – Payments, Credit Cards & Unsecured Loans, he led Citi’s retail payments and lending transformation, spearheading product innovation, partnerships, and regulatory engagements.

During his time at Citi, Chowdhry also served as COO & NRI Business Head, managing P&L and distribution for NRI banking, debit cards, and ATMs. In addition, he was Business Head for Citi At Work & Investment Products, strengthening Citi’s leading salary accounts and investment distribution franchises. His earlier responsibilities included serving as Business Manager – Partnerships & Alliances, where he drove co-branded partnerships with leading organizations and led strategic product initiatives.

Chowdhry began his career with Citi India as a Management Associate in 1994, taking on progressive leadership roles in consumer banking operations, mortgage offshoring, and business management. This long and diverse career has given him deep expertise in payments, lending, retail transformation, and strategic alliances, making him well-positioned to lead Grihum Housing Finance in its next phase of growth.

Arjun Chowdhry holds a Post Graduate Diploma in Management (PGDM) in Finance & Marketing from the Indian Institute of Management Bangalore (1992–1994). His strong academic foundation in finance and marketing has been instrumental in shaping his leadership career across global banking institutions.

About Grihum Housing Finance

Grihum Housing Finance Limited (formerly Poonawalla Housing Finance) is a national-scale affordable housing finance company built on the core values of Humility, Trust, and Togetherness. The company is dedicated to empowering families across India with the dream of homeownership, captured in its tagline, “Apna Ghar. Apni Pehchan.”

With a strong digital-first approach and a direct-to-home loan model, Grihum primarily caters to low and middle-income groups. The company serves customers through 212 branches across 18 states and Union Territories, leveraging technology and community-focused service to make housing finance accessible, efficient, and inclusive.

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Tags: Arjun ChowdhryAxis BankCEOCEO AppointmentCiti Indiaconsumer bankingFinancial ServicesGrihum Housing FinanceHappy Place to Work Certificationhousing financeHPTWLeadership AppointmentManaging Director
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